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Why Teach Financial Literacy

  • Year 2023
  • NSF Award #1852817
  • Registration Current Noyce Scholar

  • First Name Janay
  • Last Name Mora

  • Discipline Mathematics, STEM Education (general)
  • Institution University of Texas at El Paso

Abstract

Teaching financial literacy is critical to helping individuals make informed and effective decisions about their personal finances. Financial literacy encompasses a broad range of topics, including budgeting, saving and investing, debt management, insurance, taxes, and retirement planning. By providing individuals with the knowledge and skills to navigate these financial topics, financial literacy education can help individuals achieve financial stability and independence. In this project-based learning assignment the students will have the opportunity to develop their researching, communication, life and teamwork skills to help them achieve financial security and success in life. Students will have the opportunity to explore financial literacy and real world money management and also see how making smart moves with finances can help achieve realistic goals. This poster presents the primary components of a project-based learning (PBL) unit for teaching financial literacy to 8th-12th grade students. The unit is easily differentiated for different grades and can be implemented in a variety of settings. This unit has been implemented in an 8th grade math class in El Paso, TX and some reflections about teaching unit are also presented.

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This material is based upon work supported by the National Science Foundation (NSF) under Grant Numbers DUE-2041597 and DUE-1548986. Any opinions, findings, interpretations, conclusions or recommendations expressed in this material are those of its authors and do not represent the views of the AAAS Board of Directors, the Council of AAAS, AAAS’ membership or the National Science Foundation.

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